CDF CONSULTING: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
CDF CONSULTING
Largest movements
- Current investments -€70,000
down €70,000 (-50.0%), from €140,000 to €70,000
- Receivables within one year +€9,504
up €9,504 (+51.6%), from €18,435 to €27,939
of which Trade receivables: +€5,475
- Cash -€5,970
down €5,970 (-81.4%), from €7,331 to €1,361
mainly Contributions, distributions and other (-€215,325) and Receivables within one year (-€9,504)
- Tangible fixed assets +€2,340
new in 2025: €2,340
- Reserves -€132,271
no longer reported in 2025 (was €132,271)
- Other debts +€72,554
new in 2025: €72,554
- Tax, wage and social debts -€4,340
down €4,340 (-13.4%), from €32,464 to €28,124
- Gross operating margin +€10,978
up €10,978 (+11.5%), from €95,528 to €106,506
- Taxes +€1,597
up €1,597 (+8.1%), from €19,628 to €21,225
- Financial income -€1,475
down €1,475 (-63.5%), from €2,323 to €848
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €169,582 | €104,572 | -€65,010 | -38.3% |
| Fixed assets | 21/28 | - | €2,340 | +€2,340 | |
| Tangible fixed assets | 22/27 | - | €2,340 | +€2,340 | |
| Plant, machinery and equipment | 23 | - | €2,340 | +€2,340 | |
| Current assets | 29/58 | €169,582 | €102,232 | -€67,350 | -39.7% |
| Amounts receivable within one year | 40/41 | €18,435 | €27,939 | +€9,504 | +51.6% |
| Trade receivables | 40 | €18,435 | €23,910 | +€5,475 | +29.7% |
| Other amounts receivable | 41 | - | €4,029 | +€4,029 | |
| Current investments | 50/53 | €140,000 | €70,000 | -€70,000 | -50.0% |
| Cash at bank and in hand | 54/58 | €7,331 | €1,361 | -€5,970 | -81.4% |
| Deferred charges and accrued income | 490/1 | €3,816 | €2,932 | -€884 | -23.2% |
| Total equity and liabilities | 10/49 | €169,582 | €104,572 | -€65,010 | -38.3% |
| Equity | 10/15 | €134,771 | €2,500 | -€132,271 | -98.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €132,271 | - | -€132,271 | |
| Distributable reserves | 133 | €132,271 | - | -€132,271 | |
| Amounts payable | 17/49 | €34,811 | €102,072 | +€67,261 | +193% |
| Amounts payable within one year | 42/48 | €34,811 | €102,072 | +€67,261 | +193% |
| Trade debts | 44 | €2,347 | €1,394 | -€953 | -40.6% |
| Suppliers | 440/4 | €2,347 | €1,394 | -€953 | -40.6% |
| Taxes, remuneration and social security | 45 | €32,464 | €28,124 | -€4,340 | -13.4% |
| Taxes | 450/3 | €32,464 | €28,124 | -€4,340 | -13.4% |
| Other amounts payable | 47/48 | - | €72,554 | +€72,554 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €630 | +€630 | |
| Other operating charges | 640/8 | €189 | €762 | +€573 | +303% |
| Gross operating margin | 9900 | €95,528 | €106,506 | +€10,978 | +11.5% |
| Operating profit (loss) | 9901 | €95,339 | €105,114 | +€9,775 | +10.3% |
| Financial income | 75/76B | €2,323 | €848 | -€1,475 | -63.5% |
| Recurring financial income | 75 | €2,323 | €848 | -€1,475 | -63.5% |
| Financial charges | 65/66B | €2,190 | €1,683 | -€507 | -23.2% |
| Recurring financial charges | 65 | €2,190 | €1,683 | -€507 | -23.2% |
| Profit (loss) for the period before taxes | 9903 | €95,472 | €104,279 | +€8,807 | +9.2% |
| Income taxes | 67/77 | €19,628 | €21,225 | +€1,597 | +8.1% |
| Profit (loss) for the period | 9904 | €75,844 | €83,054 | +€7,210 | +9.5% |
| Profit (loss) for the period to be appropriated | 9905 | €75,844 | €83,054 | +€7,210 | +9.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.